Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Election results 2014: As Narendra Modi heads for PM's chair, BJP workers celebrate

May 16 2014, 11:25 IST
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Narendra Modi's Bharatiya Janata Party (BJP) workers shower confetti from atop a bus. Narendra Modi's Bharatiya Janata Party (BJP) workers shower confetti from atop a bus.
SummaryCelebrations broke out in the BJP HQ after Lok Sabha elections results were unveiled.

Celebrations broke out in the BJP headquarters here today after early trends in favour of the saffron party came in with the party leading in 215 seats out of trends available for 403 seats.

A festive spirit prevailed at the BJP office at Ashoka Road where party workers and leaders gathered in large numbers bursting crackers, distributing sweets and NaMo tea.

Many workers were seen smearing each other with colour and dancing to the beats of drums.

Going by the initial trends, party workers exuded confidence that the BJP is set to get its best-ever tally so far in Lok Sabha elections.

Senior BJP leaders Mukhtar Abbas Naqvi, Ravi Shankar Prasad, Prakash Javadekar and Balbir Punj were present in the celebrations.

"This is the victory of the people and the party. This is victory for Narendra Modi," said Naqvi, brushing aside any talks of dissensions within the party.

Party Spokesperson Nirmala Sitharaman said, "More than victory, it is a responsibility for us. It is important that we remember that this victory is because of the people's confidence in us."

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